1. Open-end funds cannot be converted into closed-end funds, which is not in the interest of fund managers. At the same time, open-end funds cannot be converted into closed-end funds.

2. The two funds in the conversion application shall meet the following conditions:

(1) Two synchronous open-end funds sold by the same sales organization and registered by the same registrant;

(2) Open-end funds with front-end charging mode can only be converted into funds with other front-end charging modes, and funds with zero subscription fees default to front-end charging mode;

(3) Funds with back-end charging mode can be converted into funds with other front-end or back-end charging modes.